SHIKIGAKU Co., Ltd. (JP:7049) has released an update.
SHIKIGAKU Co., Ltd. reports solid growth for the six-month period ending August 31, 2024, with a notable 14.4% increase in net sales compared to the previous year. The company saw a significant turnaround, posting an operating profit of 179 million yen and a profit attributable to owners of the parent of 291 million yen, marking a recovery from the previous year’s losses. Despite a slight decrease in capital adequacy ratio to 47.8%, SHIKIGAKU is preparing supplementary financial materials and will hold a financial results briefing.
For further insights into JP:7049 stock, check out TipRanks’ Stock Analysis page.